⟳ Репост от Julie - TrexPushups
Joe Fish

Here's another way to see that rent is probably the most important long-term affordability constraint: In a world where rent (shelter) prices increased only as fast as the rest of the economy, purchasing power today would be about 13% higher (measured by wages)

Joe Fish

Anyway, the chart you should be posting is how rent prices look like compared to wages. Note: This has been going on for a long time! The housing crisis is a long standing issue.